Review this section for a greater understanding of payments to suppliers at Indiana University.

This includes payments for good, services, and materials from suppliers. Indiana University places a high priority on ensuring timely and accurate payments to suppliers, as this practice is instrumental in fostering and sustaining positive relationships with suppliers. Move over, accurately recording payments to suppliers not only upholds compliance with tax regulations but is also serves as a testament to IU’s commitment to financial transparency and accountability.

By reviewing this portion of the book, readers can gain a deeper understanding of the procedures and considerations involved in processing payment to suppliers at Indiana University.

POLICIES

Review the below policies related to payments to suppliers:

• FIN-ACC-520: Cancellation of University Checks (non-payroll)
• FIN-ACC-540: Stop Payments and Reissue of Disbursement Checks (non-payroll)
• FIN-PURCH-13: Utilization of Historically Underrepresented Diverse Suppliers
• FIN-TRE-90: External Agency Agreements
• FIN-TRE-100: Signature Authority and Delegation

STANDARDS

There are no standards related to this portion of the book at this time. Please check back in the future!

CHECKLISTS

There are no checklists related to this portion of the book at this time. Please check back in the future!

TRAINING MATERIALS

Review the below training material related to payments to suppliers:

• Suppliers Payment Process Training Path

OTHER RELATED MATERIALS

Review the below other materials related to payments to suppliers:

• Material Contract Coversheet
• Frequently Used Contract Templates and Forms
• Foreign Currency Supplier FAQ

IU Financial SYSTEM REPORTS AND PROCEDURES

Review the below IU financial system reports and procedures related to payments to suppliers:

• SOP-PURCH-16: Special Payment Instruction
• SOP-PURCH-27: Supplier Invoices
• SOP-PURCH-31: Expired W8 Supplier Maintenance